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steps. the document also addresses the role of the government in revitalizing japan's economy. it describes how politicians should promote growth and restore fiscal health. along with drafting the joint statement, boj officials have agreed to introduce open-ended asset purchasing. under a new program from january 2014 the central bank will purchase a certain amount of financial assets every month. no termination date is being set for the scheme. the new measure will expand the total size of the asset purchase program, or app, by about 10 trillion yen, or $110 billion, in 2014. the program is expected to be maintained in the future. following the meeting prime minister and revital minister reported on the release of the joint statement to prime minister abe at his office. >> translator: the government strongly hopes the bank of japan will a monetary easing policy in order to achieve the goal. >> translator: the bank of japan believes it is important to realize sustainable growth by overcoming deflation at an early stage and achieving price stability. it is vital to strengthen o
will probably not get much applause today, but he will restore the american economy, secure america's place in the world and his own place in history. thank you for watching "memo to the president." if you have an idea for the president, join us in the conversation online on #obamamemo on twitter or cnn.com/fareed. you can see our regular show on sundays at 10:00 a.m. and 1:00 p.m. eastern. thank you for watching. >>> the toughest issues facing america, job, gun, health care, immigration, climate change and more. frankly, can both sides agree on anything? i'll talk to obama's campaign co-chair. >> we want stuff done. we want solutions. we don't need perfection. we need progress. >> we'll talk about his legacy. >> i think he can learn from the past and he's try to do that. >> and what obama needs to do for america. >> he's swinging big. swinging for the fences. >> second-term presidencies have been filled with misspent political capital. >> this is "piers morgan tonight." >>> good evening. america has great expectations for president obama and at the same time the country is divided on issue
term, given the state of the economy, given the fact that most americans think the country is going in the wrong direction. he's been given that lucky second chance. and he campaigned well. you have to give him that. what are his challenges in the second term? >> the first thing every president has to be careful of in a second term, as margaret alluded to is overreach. there's a period after you win. your first-term policies seem to have been validated, that you look at those results and you think you're all powerful. the famous example in recent history is george w. bush. in 2005, remember he came out and did that press conference and said he had political capital and meant to spend it and the first thing he tried to do was pass a plan to reform social security that was just destroyed by the democrats, and then katrina happened. and his presidency was over by the end of 2005, at least the second term. so, you know, i spent a lot of time reporting on this the last year, talking to white house people, and they were very acutely aware of the dangers hidden in a second term. and i thin
hours trading. that tells me that the economy is doing better. what is your take? >> i think the economy is more mixed. it seems to me, google hot today and obviously a great tech story and also an advertising tostory. friday, general electric. kind of told us that world economic expectations might be better. is the world better? >> i think it is possible that the eearnings are going to be better. if you look at the bottom of estimates, they were $114 for the s&p -- i'm sorry $120 they are coming down. we suspect they are going to continue to come down. we suspect the corporate earnings are going to come down. i want to add economic stuff to this. today, existing home sales 12.8% above a year ago. existing home sale prices plus 11%. that is progress it was falling at 4%. last week, manufacturing up, capitol goods up. are he ewe estimating the econo? >> clients are asking me about upside risk. nobody is asking about upside risk. i think the question is, is it in the price already. >> all related to the housing ready. for, the fed is easy. we all know the fed is easy because it has a feder
great economies, france and germany. they have been friends for 50 years. >> after centuries of conflict, they culminated in two world wars. speaking at a news conference in berlin, german chancellor angela merkel and french president francois hollande talking about that. >> they promised to unveil proposals in the coming months and it is a big step forward dr. became to power pledging to reverse the plans that merkel had championed. >> it is the first time these bundestag has had a full parliament from another country here. the french president, hollande, recalled the original spirit leading to the historic relationship. >> young people are not only our future but also the reason for the policies that we are pursuing. >> young people in both of our countries have the uncomfortable good fortune that they have never had to experience in it. but peace and democracy. >> he also addressed the economic crisis in europe and chancellor merkel followed suit. she stressed it is necessary. >> what have we learned from 50 years of franco-german friendship? our greatest problems can be solved when w
on the global stage. what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ at devry.edu/knowhow. itbut sleep train's huge foyear eends sunday. salels, get beautyrest, posturepedic, even tempur-pedic mattress sets at low clearance prices. save even more on floor samples, demonstrators, and closeout inventory. plus, free same-day delivery, set-up, and removal of your old set. don't wait, sleep train's year end clearance sale ends sunday. superior service, best selection, lowest price, guaranteed. ♪ sleep train ♪ your ticket to a better night's sleep ♪ >> neil: all right. in the middle of earnings season, we don't give you every one, but we try to give you the ones that are cons quential or meaningful, google is considered such a barometer for t
and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. the all-new nissan sentra, with best-in-class mpg. lease for $169 per month. visit choosenissan.com. >>> for two-term presidents, their >>> for two-term presidents, their second inaugural is often a chance to outline the new visions and attempt to emphasize the successes of their first term with an eye towards shaping their place in history. throughout the past 226 years only 16 presidents have delivered two inaugural addresses. we put the speeches of the last three two-term presidents through a word cloud to see what themes they chose to emphasize. by looking at the words they used the most, we can get a sense of the legacies they wanted to leave. president reagan who at the first inaugural famously claimed that government wasn't the solution, but the problem aimed to underscore that principal by using the word government 16 times. >> that system has never failed us. but for a time, we failed the system. we asked things of government that governm
for a possible coalition party. they are making the economy their main issue. shimon peres will decide whether to give binyamin netanyahu the first chance of forming a coalition. that is a process that took five weeks after the last election. let's talk about the situation after the election. it sounds like putting together a coalition will be tricky. >> it appears so. the last government all molested two years. then the labor party pulled out . in this case it might be even more complicated. binyamin netanyahu, if he is given the first nod, will have 28 days to form a coalition. then he has another 12 days. the question is whether some other party will be asked to put together a coalition. any kind of coalition would veer to the right. if he could do that with a minimum of cooperation would be his preference. >> thank you for reporting to us live from jerusalem. you can see our front page at zeera.com. the first explosion was caused by a car bomb about 30 kilometers south of baghdad. no one has claimed responsibility. activists are reporting two large explosions on the outskirts of damascus.
to protect our water. billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ a talking car. but i'll tell you what impresses me. a talking train. this ge locomotive can tell you exactly where it is, what it's carrying, while using less fuel. delivering whatever the world needs, when it needs it. ♪ after all, what's the point of talking if you don't have something important to say? ♪ >>> we're back. political director and chief white house correspondent chuck todd will take us inside the numbers of the latest poll as you tee up the second term, chuck. >> four years ago, enormous expectations for president obama. there were a lot of people, hope and change was big. this time, call it pragmatic hope as far as the public is concerned. as you see here, just less than 30% believe they're going to evaluate president obama with a clean fresh slate. 64% will evaluate him based on past feelings. and here, a continuation of a trend we saw throughout the first term. very similar to what ronald reagan dealt w
can see here, look at the most popular phrases. a lot of them have to do with the economy. fix the economy. create jobs. then there's stop spending. and then of course probably the most important that he will talk about tomorrow, compromise, work together. >> chuck todd, thank you very much. >>> let me bring in the rest of our roundtable here. joe scarborough is here from msnbc's "morning joe." senior adviser to obama in 2012, the re-election campaign, david axelrod. chief foreign correspondent richard engel is here, safe and sound in studio. richard, it's great to see you in person this morning. "new york times" best-selling author of "team of rivals" doris kearns goodwin. in between awards shows she's joined us. and nbc news special correspondent tom brokaw. welcome to all of you. tom, that's where we tee it up. the president, as he begins a second term, very difficult climate in washington and very real expectations. >> yes. and i was looking at those top three priorities for the american people. and they all fit into his single most difficult task, it seems to me, both conc
is the economy is getting better. the equity markets have improved. standard & poor's 500 was up. the s&p 500 was up 13%, 14%, up 4% year to date. >> right. >> the economy is starting to show good signs. as long as we don't have it derailed in washington. >> i was just going to ask. >> i think things could get better. >> could washington still screw this up? >> absolutely. i don't think it takes much to have another debt ceiling debate and debacle would not be helpful here. i think there's so much minon the sidelines between the retail investor and the corporate america today, has so much money to invest. get rid of some of that uncertainty and this economy will go. i'm quite bullish about that. >> can you provide guidance for this year without knowing exactly what washington is going to come up with? >> we gave a range. we don't give guidance. we give a range on a conservative side and optimistic side. we're right inside that range. had a great start to the year. we're ahead of consensus. we her record asset gathering and record guidance sales and great control. had a great start. >> had a g
the president's tactics those of a socialist who wanted to bring down the american economy? >> i think they would, and i appreciate your bringing the economy into it. the president did that yesterday. the more we talk about the debt ceiling after obsessing over the fiscal cliff, the more i look at the whole thing as a massive dangling the key or, you know, don't look over here at the real economy, which is where people would really like policymakers to be dealing, but look at this so-called fiscal crisis which doesn't even exist. the president very clearly, and i thought helpfully, spelled out the numbers yesterday and actually to get from where we are, given the spending cuts and tax increases that we've implemented so far, to where we need to be to stabilize the debt, is not that heavy a lift if we had a functional politics that was actually paying attention to what needs to be done instead of creating these ridiculous self-inflicted skirmishes and wounds. as you have correctly pointed out, you have even got conservatives spokespeople saying, look, this isn't going to happen, you're
the economy. the economy some argue is not one of his priorities. >> if you look back in 2008 the median household income 52,546 dollars. three years into president obama's presidency the average for 2011 it dropped more than 2,000 dollars to 50,054. when you look at the numbers do you think the president should be more focused on the economy. john meachum is talking about it this morning. >> the most important g median household income over the last 12 years. without rectifiying that this will be an unmemorable presidency and potentially a significantly -- >> how is he going to do that in three years? how is he going to remedy that turn that around so the regular folks start to make more money? it seems to me almost impossible with these policies. >> i think we are all to blame here. a lot of people don't want to hear the hard truth. people don't want to pay more taxes they don't want to see these cuts. they don't want to embrace the simpson bowl kind of proposals. these are hard choices. you and i didn't run for president. he sought the job. he is a good man. i think you would agree wi
's strong point, the economy has also been a big issue. more from our colleague. >> yes. welcome to jerusalem where we will be broadcasting for the next two days. israel's election. driving to the heart of a sensitive but still stagnant process of peacemaking with the palace. today is a day for israelis to make a choice about their next leaders. no political party has ever gained a majority in israeli elections. so there's expected to be a lot of postturing about what type of government there will be for israel over the next four years. my colleague looks at what is on the ballot box today. >> israel's prime minister, benjamin netanyahu was cheery this morning as he arrives to vote. by the end of the day he will likely have something more to be chief about. the leader of the party is expected to come out on top and keep his job. but at jerusalem's main market the lack of suspense means there's little fever. they talk about israel being divided and disillusioned. most take it as a give than benjamin netanyahu will remain in office. >> if you ask me, nothing. no b.b., no nothing. >
the country faces which is getting our economy going. >> sean: i like what our colleague charles krauthammer said it's an ode to big government and you pointed out in the list, gun control, gay marriage, global warming, he not only wants to lock in every liberal agenda item, but advance it further. will he be successful? second term are notoriously not successful. >> let's add global climate warming on her, climate change. we've already passed this through the congress. it's done. is congress going to pass it? is congress going to tell the states, no, you can't put that past voter i.d. laws? only in it's bipartisan doesn't require amnesty and citizenship. gun control passed, no. i think the president was basically declaring his administration is no longer substantive achievement. it's make the democratic party and making the republicans look more extreme. taking their strength to pass positive items that pile up over in the senate never to be really considered, but give them an agenda, a view that says to the american people he's over there worried about gun control. we're worried about gett
wasn't expecting him to give a detailed analysis of the economy today and what needs to be changed. i'm not suggesting that's not important but i was hearing him speak about lofty ideas of equality and freedom >> brown: yet he did point to some specific things as we heard in gwen's set-up >> that is true when it came to global warming or addressing the global climate change, i think we have to be willing to address these things. >> brown: trey grayson, what did you hear? >> i heard a pretty visionary, pretty articulate speech, articulate in a progressive vision for the country. i would agree with ramesh that the lack of the economy or references to the deficit in his speech was a little surprising given that that's the... probably the biggest issue of today (audio is) the fiscal cliff and everything else. and the fact that that was the number one issue on voters' minds even at the thematic level that was missing and a bit of a surprise >> brown: to stay with you, were you surprised by the emphasis on things such as gay rights or climate change, some of the specifics that he did point
sensitive to the economy commodity in the world. ip took out a lot of capacity. ip is a genius. this company's had an unmitigated run. capacity's constrained, prices going up, 95% of capacity. that is like -- you can put the price increase after price increase, that says the economy is much stronger than expected. this is the first commodity to raise prices big when things get better. they're raising prices consistently. very bullish. >> that is a great, great tell. still more to come this morning. get ready for an ipo hat trick, sunco energy partners, norwegian cruise lines, all making their debuts this morning. stick around to see how they open for trading. the opening bell is just a few minutes away. what are you doing? nothing. are you stealing our daughter's school supplies and taking them to work? no, i was just looking for my stapler and my... this thing. i save money by using fedex ground and buy my own supplies. that's a great idea. i'm going to go... we got clients in today. [ male announcer ] save on ground shipping at fedex office. ♪ [ indistinct shouting ] [ male announcer ] t
talked about politics and about constitution, institutions. we talked about the economy although we've alluded to this aspect to it let me ask you to take off your journalist hat and put on your markets have and ask a simple question is venezuela going to buy, sell or hold? >> i think what we are going to see in the short term is a great deal of turmoil to reverse of markets -- capital flees some certainty. so, right now you have on uncertainty because nobody knows what's going to happen. nobody knows that he's alive or dead or on life support although we did hear from his brother yesterday that he is not in a coma. we thought he was either in a, or on life support. now we know he is not. other really insightful information we've gotten from the regime or that he's in a stationary situation. i have no idea what that means. that is a stationary situation. >> his treatment was being assimilated. they are still using that, his treatment is being assimilated. so we haven't really had any insight into whether chavez is going to make it or not. the prospects are probably that he is not. w
to raise taxes created a dilemma in the world's ninth largest economy. with budget cuts coming like clock work, the state's college and university systems declined in offerings and in reputation. schools suffered cutbacks in personnel and programs. services for the poor were trimmed by $15 billion since 2008. state workers were furloughed. then in 2010, promising to use his long honed political skills to fix the state, jerry browne, a democrat, was elected governor. 30 years after he held the job in the '70s. he faced a $26 billion deficit and started making more cuts and changes like transferring inmates from the state's overcrowded prisons to county jails and closing down local redevelopment agencies using the money for the state budget. meanwhile, the economy started to improve in fits and starts bringing in more tax revenue. but it all wasn't enough. brown proposed to california voters a measure to raise income taxes on the wealthy and sales taxes for everybody. to the feun of $5.6 billion. brown campaigned vigorously from what was called proposition 30 in last november's ballot. >> l
in the u.s., in germany and to an extent in the uk. >> the trouble is for all of those economies maybe some of the european ones are under pressure by the government. but the problem is, if you look at issues in the u.s., they're just so low. there's no ability to cut in the long-term. how do you push through entitlement reform and address those issues, especially if there's no market pressure right now? >> my sense is that you don't. i don't understand how that can be achieved and, therefore, i suppose what i struggle with is what solution can the government find? the bank of japan, if you monetize the debt in a low inflationary environment, is this a free lunch? >> right. >> in the uk, it has turned out to be a free lunch. would it in japan? possibly, yes, and, therefore, i wonder if these issues ever will be addressed. >> and what's so interesting, you're seeing these bizarre rates happening in a monetary policy. we feel like we're in a whole new regime where people feel like it doesn't matter at all. wondering if it matters at all how much you spend and borrow in these situations. how d
the economy come up again, and the employment -- unemployment rate is still too high but i think this will improve. we're out of iraq and we are changing our policy in afghanistan, and osama bin laden is dead. the president has made a commitment to education and he is running with a 52% approval rate, and this is a good start for a second term. >> what about the critics of the president to say that the deficit has grown and he has not put his weight behind climate change. in his first address, he mentioned climate change three times. and there are still problems in the country and the criticism -- is that he has given a fabulous speech but has not followed through. >> i think some of the criticism is fair but you have to also talk about his initial priorities or challenges. he is really committed to doing something about this in the second term. the deficit is one of the most difficult issues and the president -- he does not sign the appropriation bills until they are passed by congress. and this is not something that the president can do alone. it is the congress decides how big
. the 2013 ram 1500 with best-in-class fuel economy. engineered to move heaven and earth. guts. glory. ram. the new ram 1500. motor trend's 2013 truck of the year. [ voice of dennis ] allstate. with accident forgiveness, they guarantee your rates won't go up just because of an accident. smart kid. [ voice of dennis ] indeed. are you in good hands? >> john: before we could even shake off our collective fiscal cliff fatigue it's now back to the doldrums of the debt ceiling debate, my friends. yes, unfortunately if you prefer your doomsday scenarios few and far between then washington, d.c. is no place for you. the newest wound that republicans in congress are considering inflicting upon ourselves and our fragile economy is defaulting on our financial obligations by refusing to raise the debt ceiling, something they agreed to rather effortlessly 25 times under george w. bush and ronald reagan. this would be the decision that would be only as disastrous as it is profoundly unnecessary. because the truth is, as president obama noted yesterday the u.s. economy's actually p
. the start of a four-year battle on guns, immigration, and the economy. >> hope you do dog? -- so help you god? >> barack obama and his immediate family, a few words, and that was it. president joe biden will -- vice president joe biden will do it tomorrow. here to see the swearing in, a chance for the president to rally the country, because experts say he needs to get americans involved if he has any chance of getting his way. >> he needs to target red states. he needs to target some of these senators out there who could be moved on some of these issues. it could be a brilliant plan if barack obama and execute it properly. >> i hope he turns the country around. gets the economy back on solid ground. and move the progressive agenda floor. >> we have to get the economy going. to many people are unemployed. >> gun control, immigration reform, and deficit reduction. >> monday happens to be a federal holiday in the u.s.. >> what is memorable about this inauguration, it comes on martin luther king's birthday, the holiday we celebrate. he's using martin luther king jr.'s bible. he has got to tak
, for the war to end. host: let's hear the president speaking on the economy, social security, and medicare. caller: we the people -- [video clip] >> many barely make it. we believe that america's prosperity must rest upon the broad shoulders of a rising middle class. we know that america thrives when every person confined independence. on the wages of honest labor, liberating families from the brink of hardship. we are true to our creed, when a little girl born into bleakest poverty has the same chances to succeed as anyone else because she is an american, free and equal, not just in the eyes of god, but in our own eyes. we the people still believe that every citizen deserves a measure of security and dignity. we must make the hard choices to reduce the cost of health care and reduce the size of our deficits. but we reject the belief that america must choose between caring for the generation that built this country and investing in the generation that will build its future. [applause] we remember the lessons of our past, years spent in poverty, the parents of a child with a disability had
're threatening to tank the united states economy. again, the debt ceiling, it is really important that people understand, this is not about expanding your capacity to start new government programs. this is paying for bill that is are already due and owing so not paying it would be like, tamron, you and i buying stuff on the credit card and then deciding after we bought that stuff we are not going to pay for it. if the united states does that, it will tank our credit rating and economy and make any discussion of what would happen going over the fiscal cliff look like child's play. that's why the president said, look, he is not going to allow the american economy to be held hostage in that way. he is absolutely prepared to continue to negotiate ways to reduce our budget deficit and that's exactly what we should be doing but we shouldn't be doing it under the threat, the republican threat, of tanking the economy by undermining the full faith and credit of the united states government. we have never done that in the history of this republic and we shouldn't start doing it now. >> all right. congr
the american economy. the financial well-being of the american people is not leverage to be used. the full faith and credit of the united states of america is not at bargaining chip. >> on tuesday following a meeting that took place in the west wing, president obama surmounted a huge hurdle in the nomination of chuck hagel to be defense secretary when influential new york senator chuck schumer gave it his blessing. yesterday the president forcefully and emotionally laid out his proposals to curb gun violence and challenged americans to confront the representatives and stand up to the nra. let's listen. >> ask them what's more important, doing whatever it takes to get an "a" grade from the gun lobby that funds their campaigns or giving parents some peace of mind when they drop their child off for first grade. >> joining me is former rnc chair and msnbc contributor michael steele and democratic strategist bob shrum. shrummy, i have to start with you. it sounds like you got into the president's ear. i know you haven't, that i know of, but he's starting to charge this campaign for the second t
Search Results 0 to 49 of about 98 (some duplicates have been removed)